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Agricultural and Resource Economics
University of Nebraska - Lincoln
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Nebraska Farm Real Estate Market Developments 1997-98, Bruce B. Johnson
Nebraska Farm Real Estate Market Developments 1997-98, Bruce B. Johnson
Nebraska Farm Real Estate Reports
Nebraska's 47 million acres of agricultural real estate is currently valued at nearly $35 billion, averaging more than $700 per acre. Only four other states have a higher-valued farm real estate base.
The value of agricultural land in Nebraska rose an average of 8.6 percent during the year ending February 1, 1998. Based upon the annual UNL Farm Real Estate Market Survey series, this represented the 11th consecutive year of value increases for the state's all-land average.
The three districts which comprise the eastern third of the state experienced the largest percentage gains in all land values, approaching 10 percent …